USD has caused me so much pain last couple of years ... This has been the most boring tightening cycle ever. USDJPY had more legs when they were still easing!
You are viewing a single comment's thread from:
USD has caused me so much pain last couple of years ... This has been the most boring tightening cycle ever. USDJPY had more legs when they were still easing!
That says everything you need to know about the psychology behind markets.
It's not about what's happening, it's about what is perceived to be happening the future and the moves come from whether it was priced in correctly or not.